Prospects For A Prolonged Ceasefire Rekindle Yemen Oil Sector Hopes

...ghters in their areas of control. Despite seizing vast swathes of territory since 2014, including the key Ras Isa oil export terminal, the Houthis have failed to gain control of Yemen’s oil-producing regions (see map). Instead, oil export revenues are being accrued by the Saudi-backed Yemeni government in...